Smart energy technology company Kontrol Energy (CSE: KNR)
(FSE: 1K8) this morning announced submission of its application to list its
common shares on the OTCQB Venture Market, subject to OTCQB approval and
satisfaction of applicable requirements. Kontrol anticipates that an OTCQB
listing will expand its U.S. presence, as well as provide current and future
U.S.-based shareholders with increased access to and ease of trading of the
company’s common shares. Kontrol will continue to trade on the Canadian
Securities Exchange under the company’s existing symbol “KNR” and under its
existing symbol “1K8” in Frankfurt. “Admission to the OTCQB is part of
our strategic growth and our focus on introducing the Company to a broader
range of institutional and retail investors in the U.S.,” Kontrol Energy CEO
Paul Ghezzi stated in the news release. “Currently we have an office in New
York City and approximately 20 percent of the Company’s consolidated revenues
are generated in the US. With the company now on a $16 Million revenue run
rate, it is an opportune time to provide U.S. investors with a platform to more
easily invest in Kontrol’s common shares.”
To view the full press release, visit http://ibn.fm/QucMk
About Kontrol Energy Corp.
Kontrol Energy Corp. (CSE: KNR) (FSE: 1K8) is a leader in
the energy efficiency sector through IOT, Cloud and SaaS technology. With a
disciplined mergers and acquisition strategy, combined with organic growth,
Kontrol Energy Corp. provides market-based energy solutions to its customers
designed to reduce their overall cost of energy while providing a corresponding
reduction in Greenhouse Gas (GHG) emissions. Kontrol Energy was recently
announced as the 7th fastest growing Startup in Canada by Canadian
Business and Maclean’s. For more information, visit the
company’s website at www.KontrolEnergy.com
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